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By Anthony Lazzara |
June 19, 2013
Sugar has had a nice rally from the $0.16 level on news that the U.S. government will buy sugar on the domestic market in an effort to push up prices and avoid a larger bailout later.
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By Jack Scoville |
June 19, 2013
Coffee was mostly a little higher in quiet trading. Interest has left the market in many ways, as many feel prices are too low to sell short again, but there are few who see any reasons to buy for the longer term.
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By Marley DelDuchetto, Bloomberg |
June 18, 2013
Raw-sugar futures posted the biggest drop in almost four weeks on continued global glut.
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By Jack Scoville |
June 18, 2013
Orange juice closed a little lower in consolidation trading. Futures have been working generally lower since the USDA crop reports last week as showers have been seen and conditions are said to have improved in almost the entire state.
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By Marvin G. Perez and Alan Bjerga, Bloomberg |
June 17, 2013
The U.S. Department of Agriculture plans to spend about $38 million to buy domestic sugar in a bid to ease a glut that sent prices plunging this month to a four- year low.
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By Jack Scoville |
June 17, 2013
Cotton was mixed, with a lot of spreading and position liquidation noted as July deliveries start today. But, the USDA reports from last week kept the buyers interested on setbacks.
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By Jack Scoville |
June 14, 2013
Cocoa closed lower on what appeared to be a lot of speculative long liquidation. There was not a lot of news for the market, and price action reflected this.
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By Jack Scoville |
June 13, 2013
Cotton was higher in reaction to the USDA supply and demand estimates that showed more demand and less ending stocks. It also cut production estimates due to poor weather in the South.
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By Jack Scoville |
June 12, 2013
Coffee was lower in New York on speculative selling tied to weakness in the Brazilian real, and weakness continued in London due to ideas of big supplies from producers, mostly from Vietnam.
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By Jack Scoville |
June 11, 2013
Orange juice closed higher in very light volume trading. Futures were still not able to take out recent highs as traders prepare for the reports on Wednesday.
